"J. Clarke" wrote in message
...
Lee K wrote:
"J. Clarke" wrote in message
...
evodawg wrote:
Leon wrote:
It has made the national news now, a giant 500' x 600' x 150'
deep
sink hole
has formed inside a small Texas town. It is sucking up vehicles,
buildings
and trees. Arial camera views from a helicopter are perfect for
viewing how ever, "business as usual" a member of congress has
decided that he needs to spend more of the tax payers money to
fly
down and see for him self.
Perhaps he plans to use all his hot air to reinflate the salt
dome
that is collapsing.
http://www.click2houston.com/video/16211395/index.html
Congress answer to everything, throw money at it and it will go
away.
Or instead of determining the problem, (Gas and Oil industry) tax
their profits... How about allowing them to freakin DRILL!!!!
God,
I
hate our government! Vote all the asses out!!!!
Drill where?
There's ANWR, an area the size of SC where they would create an oil
field the size of NYC's Central Park and contains billions of
barrels
of oil.
Uh huh, they're going to solve the world's energy problems with an
area the size of a rich guy's back yard. How long will "billions of
barrels" last?
You said "Drill where" and there's an area. How long will billions of
barrels last? Longer than not having our own billions of barrels. Drill
there.
There's the Gulf Coastline, not drilling there is not going
to prevent environmental risks, since Cuba is beginning drilling on
their side.
In what "gulf" do you believe Cuba to be located? If you mean the
Gulf of Mexico, when did they _stop_ drilling there?
We're talking a huge expansion in drilling. Cubans are looking to develop
these feilds with Chinese help. So, you're saying we shouldn't drill in the
Gulf because Cuba is already doing it?
Offshore west coast.
How much oil is there that has not already been tapped?
Who knows, since all exploration is outlawed. Again, this is in response to
your "Drill where?" query. After all these options are proposed, and you
reject them all, you'll then say "Why don't these oil companies do
something?".
Develop the oil shale/sands in CO,
WY, Dakotas.
This is not an issue of "drilling". Find out what it costs to extract
oil from oil shale and you'll find that it's not economically feasible
at this time.
??!! "Not economically feasible at this time"? OK, you said find out what
it costs to extract oil from oil shale (and sands), so here it is: "The
cost of a barrel of oil extracted from the shale ranges from as high as
US$95 per barrel to as low US$12 per barrel. However it would be prudent to
think that costs would be inline with those of the Tar sands and so an oil
price in the US$30-40 per barrel range would be considered realistic for
them to be profitable."
It seems to me we need to develop these huge areas if only in our self
interest to eliminate our dependence and vulnerability to mid-eastern
politics and Venezuelan nut-jobs. Even if these areas prove to be more
expensive, albeit marginally, they are OUR areas, and profits and jobs are
HERE, taxes paid are into U.S. and state coffers, not some Sheik's.
Additional fields in West Texas and Eastern New Mexico
that were not economically viable at $30 a barrel oil but now seem
cheap at $125 oil.
What's preventing them from being used?
The run-up to $125 has been so quick these areas are only now being
developed.
Here's a quote from a decade old report: "During the 1970's and
80's, exploration effort focused on finding billion-barrel fields --
fields of less than several hundred million barrels were considered
uneconomic at anything less than the inflated prices of the early
1980's. Only a few fields were discovered that fulfilled the
apparent
size requirements. However, today, accumulations as small as 50
million barrels are considered to be of economic interest."
Yeah, but how long is 50 million barrels going to last? The message
here is that we're scraping the bottom of the barrel, not that we're
going to solve the problem with more diligent scraping.
Again, you say "Drill where" and when areas of potential are pointed out you
immediately naysay. 50,000,000 barrels of oil at $125 a barrel is
$6,250,000,000. Get a few areas, or a hundred areas of that size and you
begin to talk about real money. Dollars that stay here.